secwatch.observer — SEC 8-K summary
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Issuer:     EVERSPIN TECHNOLOGIES INC. (MRAM)
CIK:        0001438423
Form:       8-K
Filed at:   2025-01-08T23:59:59+00:00
Accession:  0001104659-25-002026
Event type: leadership
Sentiment:  neutral
Materiality: 0.60
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Everspin appoints William Cooper as CFO; Tenorio transitions to VP Finance
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- William Cooper named CFO effective Jan 6, 2025; joins from AMD where he was Director of FP&A.
- Annual base salary of $300,000, target bonus of 75% of salary, sign-on bonus of $45,000.
- Eligible for 100,000 RSUs vesting 25% per year, subject to board approval.
- Matthew Tenorio ceases as Interim CFO and becomes VP Finance for an interim period.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1438423/000110465925002026/0001104659-25-002026-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1438423/000110465925002026/tm251884d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-25-002026

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer